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Michael Burry has questioned SpaceX’s valuation, but the famed investor believes the cost to short SPCX is too high. Instead, he is buying these three stocks.
The software sector is currently caught in a tug-of-war between profound optimism and existential dread over the future of artificial intelligence. After a brief period of euphoria, reality—and algorithmic trading—bit back hard, sending major software stocks tumbling in a sudden reversal. The iShares Expanded Tech-Software Sector ETF fell 3%, wiping out half of the 6% gains it had recorded just a day prior. The bleeding was widespread across the industry’s biggest names: Atlassian plunged 8%, Hu
Recent IPOs Pattern Group and Ethos Technologies are showing constructive technical patterns even as investors continue waiting for a SpaceX public offering.
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